Communication is key for liquor suppliers facing stock challenges. With liquor shortages expected over the festive season, the Advantage Group has some suggestions for suppliers. 5 Dec 2022
South African appliance manufacturer Mellerware has doubled the number of production employees and assembly lines at its factory located in Parow, Cape Town. This growth comes within two months of the company finalising an exclusive supply deal with the Shoprite Group. 5 Dec 2022
Source: Reuters/Siphiwe Sibeko
Tiger Brands is increasingly partnering with retailers to launch their own brand goods in products such as bread, flour, snacks and treats, South Africa's largest food producer said, as shoppers adjust to rapidly rising costs. 5 Dec 2022
Source: Premier Group
South African consumer goods producer Premier Group has halted plans to list on the Johannesburg Stock Exchange citing capital market volatility, particularly over the last 48 hours. 2 Dec 2022
The pressure exerted by inflation and load shedding didn't appear to dampen consumer appetite to shop Black Friday and Cyber Monday deals online this year. Online payment service provider PayU reports that the total amount spent increased by a significant 58% since Black Friday 2021, and the average basket value also saw a 54% jump. 2 Dec 2022
Source: Reuters/James Oatway
Tiger Brands reported a 51% jump in full-year earnings on Friday, 2 December, as SA's largest food producer benefited from a strong second-half recovery and price hikes. 2 Dec 2022
Collapsed fashion chain Joules has been rescued from administration by British multinational retailer Next and Joules founder Tom Joule in a £34m deal. The acquisition is expected to save 1,450 jobs and keep 100 of the current 124 Joules stores open in the UK and Ireland. 2 Dec 2022
Yaga, the Estonian-founded social e-commerce platform focused on second-hand fashion, recently raised €2.2m (R39.3m) from global investors. 1 Dec 2022
Over the last month, Woolworths has commenced with the rollout of two in-store initiatives to more than 200 stores to assist customers with the disposal of excess or worn reusable shopping bags. 1 Dec 2022
Family-owned small business Browns Foods was among a host of standout suppliers recognised by the Shoprite Group at its Supplier of the Year Awards. 1 Dec 2022
Source: Reuters/Siphiwe Sibeko
South African fashion and homeware retailer TFG is open to buying retail companies coming up for sale in Britain, its CEO Anthony Thunström said on Wednesday, 30 November, at a time when clothing retailer Joules Group has gone into administration. 1 Dec 2022
South Africans are expected to spend more than R226bn over the festive season, decreasing by 11% this year when compared to 2021. SA consumers are budgeting an average of R5,968 each for extra expenses over this period, down by 6% from last year. 30 Nov 2022
Sean Wibberley, new HIL Investco CEO. Source: Supplied
Diversified digital consumer services group Homechoice International (HIL) has appointed Sean Wibberley as the new HIL Investco CEO. Wibberley succeeds Greg Lartigue, who has been the HIL Investco CEO since listing on the JSE in 2014. 30 Nov 2022
Source: Takealot
Online retail giant Takealot.com experienced a record-breaking Black Friday with 33% growth year-on-year in Gross Merchandise Value (GMV) as well as more than 3 million visits on the day. The GMV has surpassed any other Black Friday in performance history. 30 Nov 2022
Standard Bank and Nedbank both recorded increased transaction volumes over the Black Friday weekend this year and noted growing consumer adoption of digital payment methods. 30 Nov 2022
For the past 127 years, Castle Lager has been the grain and fibre of the versatile South African story. As the country transitioned over the years, so has the brand appropriately evolved with time, as it meandered from the national sporting fields to the hearts and minds of the beautiful people of Mzansi. Castle Lager has always been 'within'. 29 Nov 2022
Salesforce has released its latest Shopping Index, which analyses global data from more than one billion consumers, offering dynamic insights on global shopping patterns and trends. 29 Nov 2022
LiveShopping.co.za has soft-launched in South Africa, bringing an element of 'shoppertainment' to the online retail experience. 29 Nov 2022
South African online retailer Raru is shutting up shop, reports News24, eight years after it was founded by Neil and Waine Smith and Jose Pereira, the same trio behind e-tailer Take2, which eventually was sold and evolved into e-commerce giant Takealot. 29 Nov 2022
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